Fresh from Pinewood (3)
I believe the answer is:
new
'fresh' is the definition.
(similar in meaning)
'from pinewood' is the wordplay.
'from' says the answer is hidden in the clue.
'NEW' can be found hidden inside 'pinewood'.
(Other definitions for new that I've seen before include "'Fresh, novel (3)'" , "Contemporary" , "Recently made, etc" , "Modern" , "and 28 and 29: The 365th day" .)